betaboy3000 64 Report post Posted February 28, 2022 Anyone have any idea what happens to the options of US-listed ADRs for Russian stocks? The OIC website has an FAQ that deals with a few scenarios, like bankruptcy, but not war. Share this post Link to post Share on other sites
Ringandpinion 1,657 Report post Posted February 28, 2022 10 minutes ago, betaboy3000 said: Anyone have any idea what happens to the options of US-listed ADRs for Russian stocks? The OIC website has an FAQ that deals with a few scenarios, like bankruptcy, but not war. Give them a call, they answer their phone with a human surprisingly often. Share this post Link to post Share on other sites
betaboy3000 64 Report post Posted April 4, 2022 Ya, real humans that talk are not IB's strong suit! I have puts and I can exercise them but there's no market to close the short I end up with if I do. Frustrating. I have a few months left on the position, so I'm hoping it gets sorted, but doesn't look good. Right now, the underlying has gone down a lot and the position has worked in my favour, but it's frozen. The stock (Mechel PAO) is still trading on the MCX exchange but that doesn't help me much. Share this post Link to post Share on other sites
Ringandpinion 1,657 Report post Posted April 4, 2022 1 hour ago, betaboy3000 said: I have puts and I can exercise them but there's no market to close the short I end up with if I do. Surely this has happened in some fashion before and there is some method of dealing with it. I've searched around just out of curiosity and have not been able to find out anything. 1 Share this post Link to post Share on other sites
